SFGTV: San Francisco Government Television
35
35
Jul 4, 2013
07/13
by
SFGTV
tv
eye 35
favorite 0
quote 0
if we were to take the 270,000 reduction, we will start a year on the deficit spending. and whether that will be directed during the year, as the people leave when we do not hire people and there are vacancies that remains to be seen. >> okay. >> supervisor weiner? >> i don't think that they will be obligated to do a supplemental and if we think that they are going to need the salary, and we should appropriate it, because what will happen is that in the nine months out or however, they are going to come back and no one is going to remember when and it will look like they want more money and no one did a good job and it was really a board that cut that budget. it is a question if they need the money or not. >> okay, folks, supervisor breed? >> my biggest problem is i just don't understand, i just don't understand what that means. it just does not make any sense to me. and i'm looking at this report, and i have reviewed the report, and i feel like the budget analyst is saying, one thing that i do understand, and the da's office is saying something that i don't understand.
if we were to take the 270,000 reduction, we will start a year on the deficit spending. and whether that will be directed during the year, as the people leave when we do not hire people and there are vacancies that remains to be seen. >> okay. >> supervisor weiner? >> i don't think that they will be obligated to do a supplemental and if we think that they are going to need the salary, and we should appropriate it, because what will happen is that in the nine months out or...
SFGTV2: San Francisco Government Television
27
27
May 26, 2013
05/13
by
SFGTV2
tv
eye 27
favorite 0
quote 0
and so the next two years, we have are facing a deficit and kate will tell us why that deficit is there, but we begin by saying that we have got $123 million budget deficit for next fiscal year, but the second year is a little larger, about $256 million budget deficit and put it in context. as past parents of this great city, we used to have hundreds and hundreds of more deficits that have to deal with when the economy was bad. now it's recovering. and i have to thank the public, the business groups, the non-profits and everybody that has been sacrificing to help us balance this budget. because it's their sacrifices that got us through these very hard years. so it sounds like 123 and 256 are not great numbers. they are still serious deficits, but i think we have a spirit, where the parents, the legislative body and the executive branch are working closely together to make that gap closer. we have that, and i want to say, the principles that are guiding me in setting this budget, i want a sound economic budget. i want the residents and visitors in this city to feel that they have a safe
and so the next two years, we have are facing a deficit and kate will tell us why that deficit is there, but we begin by saying that we have got $123 million budget deficit for next fiscal year, but the second year is a little larger, about $256 million budget deficit and put it in context. as past parents of this great city, we used to have hundreds and hundreds of more deficits that have to deal with when the economy was bad. now it's recovering. and i have to thank the public, the business...
SFGTV2: San Francisco Government Television
46
46
Apr 10, 2013
04/13
by
SFGTV2
tv
eye 46
favorite 0
quote 0
. >> we are in our fifth year of major budget deficits. it is inevitable that we will make painful cuts. so how do we do it in a way that will minimize the impact on every day san franciscans? >> i really appreciate what you're doing here. you are a really patient gentleman, and i appreciate that. >> our parks are often cut first. how do we maintain our safety net, public health services, security services? all of these are critical decisions that have to be made. >> i have seen many people come forward today who i know whose lives have changed because of the services we are providing. that is something that we can be proud of and have a as a goal at the budget process to make sure that we can turn lives around and create a liveable communities. >> if we do not resolve the pension issue, we will have to cut. we will see fewer options for muni. we will see the parks deteriorate. i think the tide is rising. we have to figure out how to swim very quickly. >> to address these concerns, i have made a series of amendments to the resolution that
. >> we are in our fifth year of major budget deficits. it is inevitable that we will make painful cuts. so how do we do it in a way that will minimize the impact on every day san franciscans? >> i really appreciate what you're doing here. you are a really patient gentleman, and i appreciate that. >> our parks are often cut first. how do we maintain our safety net, public health services, security services? all of these are critical decisions that have to be made. >> i...
SFGTV2: San Francisco Government Television
39
39
Apr 13, 2013
04/13
by
SFGTV2
tv
eye 39
favorite 0
quote 0
dealing with this budget deficit problem for some time if there is a good side to that, if you can continue to grow an economy, even with a budget deficit, what you are looking at here is gdp but not the way that you are used to looking at it more often than that phot what we talk about d g t we focused on the economy quarter growth range and whether it grew during the quarter this teems you in terms of a absolutely level base basis and reason i'm showing it this way is because for all four quarters of last year the overall economy was better than the it was before the prerecession high water mark and we have turn the quarter into a new expansion and if it didn't feel that way it that is to do with this the none farm payroll and each bar here represents a single month's change in the total number of people who have a job and you add up all of knows jobs that was loss during the recession it's 8.8 million people and we have only created five and-a-half million total job and that leaves us with a deficit of three or so million jobs and we are cranking out more in terms of goods and services b
dealing with this budget deficit problem for some time if there is a good side to that, if you can continue to grow an economy, even with a budget deficit, what you are looking at here is gdp but not the way that you are used to looking at it more often than that phot what we talk about d g t we focused on the economy quarter growth range and whether it grew during the quarter this teems you in terms of a absolutely level base basis and reason i'm showing it this way is because for all four...
SFGTV2: San Francisco Government Television
24
24
May 8, 2013
05/13
by
SFGTV2
tv
eye 24
favorite 0
quote 0
the budget is the most eminent issue, and we do have a structural budget deficit in the city, so we need to deal, of course, with the short-term balancing our budget in a way that does not decimate city services that people rely on, but also to address our long- term structural budget deficit, and that means implementing some budget reforms. smooth out our budget process so it is not a boom/bust kind of budget. reforming our pension system and retiree health care system so that they are stable. we do a decent job providing low-income housing. we do a terrible job providing housing for low or middle class and middle-class people, people who are working and paying taxes that we need to have here for a functioning economy, so i am looking for ways to try to fund that, particularly for essential employees like teachers, nurses, first responders. projects coming up in the city like the renovation of dolores park, which is a once in 50 years opportunity to define what the park is and what changes we want to make to it. that will be a very significant projects. [inaudible] when was the last tim
the budget is the most eminent issue, and we do have a structural budget deficit in the city, so we need to deal, of course, with the short-term balancing our budget in a way that does not decimate city services that people rely on, but also to address our long- term structural budget deficit, and that means implementing some budget reforms. smooth out our budget process so it is not a boom/bust kind of budget. reforming our pension system and retiree health care system so that they are stable....
70
70
Oct 24, 2013
10/13
by
ALJAZAM
tv
eye 70
favorite 0
quote 0
eventually the country will have to confront the deficit you we have rather than the deficit we imagine. the one we imagine is a deficit caused by waste, fraud, abuse, foreign aid, oil industry subsidies and vague out of control spending. the one we have is caused by the world's highest health costs by far, the world's largest military by far, the social security benefit that was created when most people died at the age of 70. the book talks about these entitlements, two areas that americans don't want to give up and two areas politicians treat as third rail. so what are we supposed to do about it? >> well, the good news and thank you. the good news is, this isn't an emergency today. the deficit's coming down fairly rapidly. it is getting below the point where it's some sort of emergency. the rest of the world remains very happy to lend money to the united states. so we have some time to deal with this long term deficit. the bad news is that i don't think there's a huge amount of realism about what has caused it. i think most people like to think about the idea that the other people has
eventually the country will have to confront the deficit you we have rather than the deficit we imagine. the one we imagine is a deficit caused by waste, fraud, abuse, foreign aid, oil industry subsidies and vague out of control spending. the one we have is caused by the world's highest health costs by far, the world's largest military by far, the social security benefit that was created when most people died at the age of 70. the book talks about these entitlements, two areas that americans...
SFGTV2: San Francisco Government Television
85
85
Jan 4, 2013
01/13
by
SFGTV2
tv
eye 85
favorite 0
quote 0
supervisor chu: we know that our budget deficit is a significant one. at the moment, blooms are around $380 million -- at the moment, it looms around $380 million. we could not meet that gap. i think the city needs to take a balanced approach, and if you take a look at previous years, we have taken a look at things like where are fee revenues, what do those look like? where are the changes in other revenue pictures, whether it is transfer tax or hotel tax or other things that help to improve the picture. in addition to that, how is it that we can really control some of our expenses? i think that in order to address the $380 million budget deficit, we really have to take a look at both sides, revenue side as well as the cost side of things, and i think there are certain things that the city can do right now that might that not impact this year's budget or -- that might not impact this year's budget for next year's budget but will have a long-term effect. i mean pension reform and some of the ways we calculate those liabilities. those will be important to
supervisor chu: we know that our budget deficit is a significant one. at the moment, blooms are around $380 million -- at the moment, it looms around $380 million. we could not meet that gap. i think the city needs to take a balanced approach, and if you take a look at previous years, we have taken a look at things like where are fee revenues, what do those look like? where are the changes in other revenue pictures, whether it is transfer tax or hotel tax or other things that help to improve...
151
151
Jun 29, 2013
06/13
by
KNTV
tv
eye 151
favorite 0
quote 0
there was no deficit. the following year, there was a surplus. >> there's $125 million per year for the next ten years. who do you trust? they lied to us in '09. they're lying to us now. >> if the talks stall, so will trains. riders say all they want is -- >> b.a.r.t. isn't really a city, so i think that's going to be a lot of chaos. >> i need b.a.r.t. i hope it settles. >> other transit agencies like cal train, going to try and help out monday if the strikes do go through, but ap transit is facing a strike of its own. b.a.r.t. encouraging people they're going to have limited bus service during peak commute hours, but that can only serve 2 to 4,000 people each day, so encouraging you to car pool and if you to that, each one of our 33 stations parking lots is open and free for you to use. >> thank you. we're going to get back to our breaking news. we've been following the story at san francisco city hall. gay marriages are resuming now after the stay was lifted just a couple of hours ago. a central figure i
there was no deficit. the following year, there was a surplus. >> there's $125 million per year for the next ten years. who do you trust? they lied to us in '09. they're lying to us now. >> if the talks stall, so will trains. riders say all they want is -- >> b.a.r.t. isn't really a city, so i think that's going to be a lot of chaos. >> i need b.a.r.t. i hope it settles. >> other transit agencies like cal train, going to try and help out monday if the strikes do go...
SFGTV: San Francisco Government Television
52
52
Apr 6, 2013
04/13
by
SFGTV
tv
eye 52
favorite 0
quote 0
so it shows a deficit, but that revenue deficit is offset by an expenditure savings. we didn't have to make a transfer to get those revenues. so if you net that out -- i know this is convoluted -- >> chair farrell: the point being if you in netted that out then the surplus -- the expend tier deficit is greater than shown here. >> that's correct. that's correct. >> chair farrell: and then you're talking 31.2 versus 41.8 highlighted below. >> exactly. so the 45.9 million dollar number in the controller's six month report that ties to the controller's six month report are based on our projections for the six month report. we essentially base those on five months worth of actual data. and since that time, in the few months since we've been able to revise those projections down to about 31.2. the biggest causes of that change since the the six month report are on the next slide. the largest item is on salary and benefit spending. that's from a couple of things. the hospitals have both been very focused on trying to control their costs. but secondarily, we've had our -- whe
so it shows a deficit, but that revenue deficit is offset by an expenditure savings. we didn't have to make a transfer to get those revenues. so if you net that out -- i know this is convoluted -- >> chair farrell: the point being if you in netted that out then the surplus -- the expend tier deficit is greater than shown here. >> that's correct. that's correct. >> chair farrell: and then you're talking 31.2 versus 41.8 highlighted below. >> exactly. so the 45.9 million...
SFGTV2: San Francisco Government Television
35
35
May 2, 2013
05/13
by
SFGTV2
tv
eye 35
favorite 0
quote 0
even though our deficit is not as large as it has been, it is tough because we have made these cuts already, and did this point, we are cutting things we really do not want to cut. and it is painful. we will lose more potential services. we will also not be able to support our residents. we are looking at weekend meals for seniors. it is painful. i think we have to look at it as a combined approach. it has to be cut within city government that we can bear -- services that are less essential. second, you have to look at raising revenue in the city. i think it needs to be a combination. and third, need to be much better informed, and we have to ask our public employees to look at the budget. and they already have, but also to look back. it is a threefold approach to me. >> what are the city's housing needs him much of the board of supervisors to to address them? supervisor kim: it is tough, because we depend on the market to build housing for our residents we build at over 150% of the need. we are building over the need of the market rates. we are actually building at roughly 80% of that need
even though our deficit is not as large as it has been, it is tough because we have made these cuts already, and did this point, we are cutting things we really do not want to cut. and it is painful. we will lose more potential services. we will also not be able to support our residents. we are looking at weekend meals for seniors. it is painful. i think we have to look at it as a combined approach. it has to be cut within city government that we can bear -- services that are less essential....
SFGTV2: San Francisco Government Television
44
44
Sep 15, 2013
09/13
by
SFGTV2
tv
eye 44
favorite 0
quote 0
we've worked together to fix our that deficit with reform and 5 years planning all of which has maintained our strong bond rating and this summer we're going to tangle our health care obligation. well, it's bogging because of our layers focus on the infrastructure of our economy that that has allowed us to become the faster growing state not new york or los angeles but we cannot have done that without the san francisco chamber of commerce and without our business community that has vifrtd in our city in helping me create those jobs everyday. so, now this is not the time to rest in our success. i think it's time that we double down on our success by focusing and tackling with more vigor and more resolve by looking over that horizon to see what else we should be doing. this is not a buckle ladies and gentlemen. that first city college we're going to save city he college period no, ifs or maybe so it's too important to give up open our students or training of our workforce in the future. it's the fit and second the affordable care act is important. we're focused in marking our residents and e
we've worked together to fix our that deficit with reform and 5 years planning all of which has maintained our strong bond rating and this summer we're going to tangle our health care obligation. well, it's bogging because of our layers focus on the infrastructure of our economy that that has allowed us to become the faster growing state not new york or los angeles but we cannot have done that without the san francisco chamber of commerce and without our business community that has vifrtd in...
SFGTV: San Francisco Government Television
80
80
Jan 15, 2013
01/13
by
SFGTV
tv
eye 80
favorite 0
quote 0
four years ago we had a 500 million dollar budget deficit, that would affect services for people all over san francisco; we would have to pay more for services and have services cut; where we needed it most. i felt the first year as chair of the budget committee, i learned so much about my abilities and how to make difficult stands on issues, and how to have working relationships with people going forward. i work closely with the mayor's office and with organizations across the city. in spite of difficult choices i feel i made the right choices; i always voted with my conscience and i'm proud of that. i'm excited to see the changes happening in district 11. four years ago we were really shaken hard by the high level of violence and homicides in our district. what was great to see in district 11 were places where there was a focus of some of the violence; neighbors came together and made the neighborhood stronger, particularly around athens street, you have a beautiful community garden there, at athens and avalon that will be dedicated in a couple of weeks now. we have a new neighbor
four years ago we had a 500 million dollar budget deficit, that would affect services for people all over san francisco; we would have to pay more for services and have services cut; where we needed it most. i felt the first year as chair of the budget committee, i learned so much about my abilities and how to make difficult stands on issues, and how to have working relationships with people going forward. i work closely with the mayor's office and with organizations across the city. in spite...
SFGTV2: San Francisco Government Television
50
50
May 7, 2013
05/13
by
SFGTV2
tv
eye 50
favorite 0
quote 0
i has an operator deficit of 70 million dollars and we know there's a structural deficit of 5 hundred million it just so happens that the tunnelling between washington and north beach will cost about 70 million dollars and if you eliminate that and stop the line where it was originally intended which is chinatown and stockton street you will be able to save the agency 70 million dollars and give all the residents of north beach a second chance on how they want transit to be brought into their neighborhood thank you very much. >> thank you, sir. >> next speaker please? >> good afternoon. >> hi my name is -- thank you for -- when i talk with the families in the community they are happy about this program. i'm often been working in the community in bay view i hear these stories about people having a really hard time trying to go home or trying to go to doctor appointment or any other activities they have to and after the day i was here and heard the stories in the community it happened to me. i finished with my thing and i had to go back home and i had to pickup my kids and i saw the sig
i has an operator deficit of 70 million dollars and we know there's a structural deficit of 5 hundred million it just so happens that the tunnelling between washington and north beach will cost about 70 million dollars and if you eliminate that and stop the line where it was originally intended which is chinatown and stockton street you will be able to save the agency 70 million dollars and give all the residents of north beach a second chance on how they want transit to be brought into their...
SFGTV: San Francisco Government Television
58
58
Mar 31, 2013
03/13
by
SFGTV
tv
eye 58
favorite 0
quote 0
you can see right now with the funding amounts that are requested we run into a deficit at the 2nd street project. if we work on the other funding sources for masonic, for example, the revenue bonds and cost reduction at a helps us get a little bit more towards the second street project but we also have to address the segment ability and the projects to be able to provide to the man sell project. that's what we are working on now. >> i want to reiterate a promise you made a few months ago that we intend to come to see you to fund all of those projects. the response has been very cooperative. the prop k update will help us a lot and a huge help is the masonic, the shear size of it is so big. the mta is aware of the size of it and hope we can find more funding. i hope we can spread the love around to receive the needed equity. >> great. i will hold you to that >> i did have a question. my understanding is that there is 2 million in transit planning funds that the mtc as granted to our planning department and wondering if we can request handout you the planning department is going to priorit
you can see right now with the funding amounts that are requested we run into a deficit at the 2nd street project. if we work on the other funding sources for masonic, for example, the revenue bonds and cost reduction at a helps us get a little bit more towards the second street project but we also have to address the segment ability and the projects to be able to provide to the man sell project. that's what we are working on now. >> i want to reiterate a promise you made a few months ago...